Towne Bank (TOWN)
35.31
+0.40
(+1.15%)
USD |
NASDAQ |
Nov 21, 16:00
40.00
+4.68
(+13.27%)
After-Hours: 05:51
Towne Bank Debt to Equity Ratio: 0.1211 for Sept. 30, 2024
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| September 30, 2024 | 0.1211 |
| June 30, 2024 | 0.1253 |
| March 31, 2024 | 0.1268 |
| December 31, 2023 | 0.2254 |
| September 30, 2023 | 0.1828 |
| June 30, 2023 | 0.5115 |
| March 31, 2023 | 0.3847 |
| December 31, 2022 | 0.1479 |
| September 30, 2022 | 0.1517 |
| June 30, 2022 | 0.2978 |
| March 31, 2022 | 0.2963 |
| December 31, 2021 | 0.2132 |
| September 30, 2021 | 0.2151 |
| June 30, 2021 | 0.2724 |
| March 31, 2021 | 0.2806 |
| December 31, 2020 | 0.3991 |
| September 30, 2020 | 0.566 |
| June 30, 2020 | 0.6765 |
| March 31, 2020 | 0.738 |
| December 31, 2019 | 0.4389 |
| September 30, 2019 | 0.3877 |
| June 30, 2019 | 0.4895 |
| March 31, 2019 | 0.6353 |
| December 31, 2018 | 0.6864 |
| September 30, 2018 | 0.7545 |
| Date | Value |
|---|---|
| June 30, 2018 | 0.7665 |
| March 31, 2018 | 0.7866 |
| December 31, 2017 | 0.6843 |
| September 30, 2017 | 0.6854 |
| June 30, 2017 | 0.4747 |
| March 31, 2017 | 0.6307 |
| December 31, 2016 | 0.6395 |
| September 30, 2016 | 0.4007 |
| June 30, 2016 | 0.4768 |
| March 31, 2016 | 0.5187 |
| December 31, 2015 | 0.5291 |
| September 30, 2015 | 0.5418 |
| June 30, 2015 | 0.5511 |
| March 31, 2015 | 0.5081 |
| December 31, 2014 | 0.6539 |
| September 30, 2014 | 0.6595 |
| June 30, 2014 | 0.6621 |
| March 31, 2014 | 0.6756 |
| December 31, 2013 | 0.6855 |
| September 30, 2013 | 0.6839 |
| June 30, 2013 | 0.6913 |
| March 31, 2013 | 0.6792 |
| December 31, 2012 | 0.6873 |
| September 30, 2012 | 0.6953 |
| June 30, 2012 | 0.5184 |
Debt to Equity Ratio Definition
The debt to equity ratio measures the (Long Term Debt + Current Portion of Long Term Debt) / Total Shareholders' Equity. This metric is useful when analyzing the health of a company's balance sheet.
Debt to Equity Ratio Range, Past 5 Years
0.1211
Minimum
Sep 2024
0.738
Maximum
Mar 2020
0.3186
Average
0.2765
Median
Debt to Equity Ratio Benchmarks
| Village Bank and Trust Financial Corp | 0.3464 |
| Bar Harbor Bankshares Inc | 0.5211 |
| Evans Bancorp Inc | 0.8569 |
| Park National Corp | 0.2477 |
| Tompkins Financial Corp | 0.7492 |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 17.19B |
| Total Liabilities (Quarterly) | 15.03B |
| Shareholders Equity (Quarterly) | 2.146B |
| Current Ratio | 118.15 |
| Net Debt Paydown Yield | 6.13% |